Senate Concurs With Lower House On US$563.6M National Budget

first_imgThe Liberian Senate during one its regular sittingsThe Senate with a vote of nine for, three against and no abstention, concurred with the House of Representatives to pass the National Budget for the fiscal year in the tune of US$563,563,432 million.The Senate received the passed budget from the House of Representatives on Thursday, but voted to send it to its Committee on Ways, Means, Finance and Budget for review and recommendation to plenary at its agreed extraordinary session on Friday.At the poorly-attended special sitting, the committee, which formed part of the joint committee that conducted hearings in preparation of the budget, through its chair and co-chair, Senators Edward Dagoseh and Henry Yallah respectively, recommended that the Act, which takes effect July 1, 2017 thru June 30, 2018, be concurred “for the expenditure of the Government of Liberia…”It can be recalled that the government through the Ministry of Finance and Development Planning recently submitted as Core Revenue Envelop as per FY2017/2018 Draft Budget to the tune of US$523,560,312; with Contingent Revenue Envelope per FY2017/2018 Draft Budget of US$2,987,688, totaling US$526,548,000.According to the Senate Committee on Ways, Means, Finance and Budget, during the hearings, adjustments were made in three areas including: tax revenue, US$692,261.00; adjustment in non-tax revenue, US$18,891,797; and adjustment to World Bank Loan/Grant US$5,000,000.The committee’s report also showed “additional brought forward from FY2016/2017 in consolidated fund in the amount of US$1,847,708; total additional core amounted to US$25,047,244.”With respect to the Contingent Revenue, the report shows an additional revenue from adjustment in tax revenue, US$6,218,188; adjustment in non-tax revenue, US$750,000; and adjustment to WB MCC (Road Fund) $5,000,000, which brings total additional contingent to the amount of US$11,968,188; total additional revenue amounts to US$37,015,432, bringing the Total Adjusted Revenue for FY2017/2018 to US$563,563,432 million.It is interesting to note that none of the presidential aspirants in the Senate, Senators Prince Y. Johnson, Oscar Cooper and George Manneh Weah, or even Senator Jewel Howard Taylor running mate to Sen. Weah, participated in the vote to pass the budget, which would be used by any of them, should they become victorious in the October elections.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Amazing drone footage of Anfield under the floodlights

first_img Liverpool news live: Klopp reveals when Minamino will play and issues injury update Getty huge blow changes predicted Liverpool’s signings under Michael Edwards – will Minamino be the next big hit? gameday cracker If there is one thing Liverpool can boast about, it is the Anfield atmosphere.The famous ground, built in 1884 and first occupied by Liverpool eight years later, is widely regarded as one of the best stadiums in the world. Most Read In Premier League latest Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury Boxing Day fixtures: All nine Premier League games live on talkSPORT Where does Anfield rank amongst the all-time great stadiums? Sky Sports presenter apologises for remarks made during Neville’s racism discussion Did Mahrez just accidentally reveal Fernandinho is leaving Man City this summer? Green reveals how he confronted Sarri after Chelsea’s 6-0 defeat at Man City Guardiola-inspired tactics: Is this how Arsenal will line up under Arteta? revealed SORRY whoops The average first-team salaries at every Premier League club in 2019 It takes on an increased reputation – becoming something almost mythical – on those famous European nights under the floodlights.Last season the Reds stunned Manchester City on their home turf, netting three times in the first half to all but knock Pep Guardiola’s side out the Champions League, while Anfield has already played host to a stunner of a match this term, with Liverpool beating Paris Saint-Germain courtesy of an injury-time winner from Roberto Firmino. TOP WORK 1 How Everton could look in January under Ancelotti with new signings tense Anfield is a sight to behold when the floodlights flicker into life, and being at the ground for an evening match is an experience for the bucket list.And while cannot provide that service to you, we can bring you some amazing drone footage of Anfield under the floodlights, courtesy of our friends at Dugout.You can watch the stunning video below…last_img read more